European electricity prices — July 2023
Monthly review: day-ahead average price by price area, price spikes and negative hours, and the change from the previous month. Prices are wholesale market prices, excluding tax.
The priciest area was Italy Sicily at 116.9 EUR/MWh, the cheapest Norway NO4 at 19.6 EUR/MWh.
Finland was the 8th cheapest of 39 price areas at 32.9 EUR/MWh.
The gap between the priciest and cheapest area was 97.3 EUR/MWh — a factor of 6.0.
Biggest change from the previous month: Sweden SE4 −60%.
Most negative prices in Netherlands: 65 hours.
Italy Sicily had 573 hours above 100 EUR/MWh.
Cheapest area
19.6 €/MWh
Norway NO4
Priciest area
116.9 €/MWh
Italy Sicily
Median price area
83.8 €/MWh
39 price areas
Finland's average
32.9 €/MWh
8th cheapest
July 2023 average price on the map
The month's average price in every price area (EUR/MWh, excluding VAT).
Region
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